TECHNICALS FOR NYMEX TRADE FOR DEC 31 2009

DEC 31 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 26730 , S2RS 26570 , S3 RS 26430

R1 RS 26030 , R2 RS 27210 , R3 RS 27360

WAIT FOR CONFIRMATION .

MARKET ALERT FOR DEC 31 THURSDAY 12.15 PM IST

MCX March silver now has support at Rs 26690

Res can be seen at Rs 27020

CMP Rs 26850

These are trading levels .

UPDTAES FOR DEC 31 2009

DEC 31 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 26520 , S2 RS 26380 , S3 RS 26240

R1 RS 26810 , R2 RS 27000 , R3 RS 27180

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR DEC 30 WEDNESDAY

Silver trading bit weak below the strong level of 27000.

Prices tested previous lows of around 26650 levels. A close

and break below 26500 could test more lows till 26000.

Prices again could be stuck above 27000 in the range of

27000 - 27500.

Weak below 27000 .

MARKET ALERT ON DEC 30 WEDNESDAY 8.10 PM IST

MCX Feb Mini silver T1 Achieved at Rs 26700 . current low

Rs 26670.

Sell was initiated at Rs 26850 to 26870 .

MKT ALERT AT 7.20 PM

MCX FEB MINI SILVER: TRADERS HOLDING SELLS AT 26870

BOOK PART PROFITS UPTO 26770//HOLD WIH LEVELS GIVEN.

TECHNICALS FOR NYMEX TRADE FOR DEC 30 2009

DEC 30 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 26710 , S2 RS 26570 , S3 RS 26430

R1 RS 27030 , R2 RS 27210 , R3 RS 27360

WAIT FOR CONFIRMATION .

MRKT ALERT 2.00 PM

Sell SilverM Feb between 26850 - 26870 SL above 27000 T1 26700 T2 26560 ( Trade Less Volumes )

UPDATES FOR DEC 30 2009

DEC 30 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 26880 , S2 RS 26710 , S3 RS 26560

R1 RS 27180 , R2 RS 27320 , R3 RS 27460

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR DEC 29 TUESDAY

Silver prices trading between 27000 - 27500 and stuck in tight

range. Prices have very strong res of around 27700 and close

above only could go up. Prices could stay between these

levels this week.

MRKT ALERT 8.15 PM

MCX MARCH SILVER TRADERS HOLDING SELLS AS PER OUR RECOMMENDED LEVEL OF 27420 CAN BOOK PROFITS AT 27280, TARGET FULLY ACHIEVED. THIS CALL GIVEN AS LEVELS.

TECHNICALS FOR NYMEX TRADE FOR DEC 29 2009

DEC 29 TUESDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 27280 , S2 RS 27030 , S3 RS 28880

R1 RS 27560 , R2 RS 27710 , R3 RS 27840

WAIT FOR CONFIRMATION .

MKT ALERT AT 12.30 PM

MCX MARCH SILVER WEAK BELOW 27420 WITH RES SEEN

AT 27500 AND CLD TEST 27280

TECHNICALS FOR NYMEX TRADE FOR DEC 28 2009

DEC 28 MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 27480 S2 RS 27330 , S3 RS 27160

R1 RS 17810 , R2 RS 27960 , R3 RS 28120

WAIT FOR CONFIRMATION .

MARKET ALERT ON DEC 28 MONDAY 2.00 PM IST

MCX March Silver looks positive above Rs 27600

it could test Rs 27750 / 27850

Support is seen below Rs 27480 .

UPDATES FOR DEC 28 2009

DEC 28 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 27448 , S2 RS 27314 , S3 RS 27226

R1 RS 27606 , R2 RS 27689 , R3 RS 27806

WAIT FOR CONFIRMATION .

DEAR READERS ,

DUE TO SOME TECHNICAL PROBLEMS WE WILL NOT BE

UPDATING THE SUPPORTS AND RESISTANCES TODAY.

UPDATES WILL START FROM MONDAY.

MARKET ALERT ON DEC 23 WEDNESDAY 8.50 PM IST

MCX March silver now has support at Rs 26870

Res can be seen at Rs 27300

CMP Rs 27000

These are only levels ,

Looks a bit positive at this moment .

MARKET ALERT ON DEC 23 WEDNESDAY 6.15 PM IST

MCX Feb Mini silver unable to gain downward momentum

So traders are asked to exit shorts up to Rs 26830

CMP Rs 26850

shorts were advised at Rs 26850 to 26860 .

MRKT ALERT 6.15PM

Mcx feb Silverm unabel to gain downward momentum Cover Shorts upto 26830 (Shorts Advised at 26850-26860) Cmp 26850

TECHNICALS FOR NYMEX TRADE FOR DEC 23 2009

DEC 23 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 26660 , S2 RS 26520 , S3 RS 26380

R1 RS 26930 , R2 RS 27070 , R3 RS 27210

WAIT FOR CONFIRMATION .

MRKT ALERT 3.20PM

Mcx Feb Silverm Sell at 26850-26860 SL: abv 26960 TGT 26710 Cmp 26850.

UPDATES FOR DEC 23 2009

DEC 23 WEDNESDAY

TRADIBG LEVELS FOR MORNING SESSION .

S1 RS 26860 , S2 RS 26710 , S3 RS 26560

R1 RS 27120 , R 2 RS 27280 , R3 RS 27410

WAIT FOR CONFIRMATION .

MARKET ALERT ON DEC 22 TUESDAY 1.10 PM IST

MCX March silver now has support at Rs 26730

Res can be seen at Rs 27070.

cmp Rs 26920

These are trading levels only.

Silver seems to be taking some correction at this point of time .

TECHNICALS FOR DEC 22

MCX MARCH SILVER

SUPP: 26820/26660/26520

RES: 27120/27280/27410

WAIT FOR CALLS

MARKET ALERT ON DEC 21 MONDAY 6,45 PM IST

MCX Feb Mini Silver buy at Rs 27360 to 27380

stop loss below Rs 27260

Target Rs 27520 .

MARKET ALERT ON DEC 21 MONDAY 12.40 PM IST

MCX March silver now has support at Rs 27235

Res can be seen at Rs 27600

CMP Rs 27390

These are trading levels .

CLOSING COMMENTARY FOR DEC 18 FRIDAY

Silver prices trading weak but still to break the strong sup

of 27000 and close to have more downside till 26700 - 26600

levels. Prices have very strong sup of 27000 on closing basis

and further movement will be seen on closing of either way.

Wait for confirmation .

MARKET ALERT ON DEC 18 FRIDAY 9.50 PM IST

Mcx Feb Mini Silver Book Partial Profits at 27080-27060

& Hold Shorts for TGT of 26960

(Shorts Advised at 27200-27260)

Cmp 27080.

MARKET ALERT ON DEC 18 7.00PM IST

MCX Feb silver mini low risk traders can book part profit

up to Rs 27100.

Sell was given at Rs 27250

others hold with given levels

TECHNICALS FOR NYMEX TRADE FOR DEC 18 2009

DEC 18 FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 27110 , S2 RS 26980 , S3 RS 26820

R1 RS 27410 , R2 RS 27560 , R3 RS 27670

WAIT FOR CONFIRMATION .

MARKET ALERT ON DEC 18 FRIDAY 12.20 PM IST

MCX Feb Mini Silver sell at Rs 27200 to 27220

stop loss above Rs 27360

Target Rs 27030 / 26960 .

TECHNICALS FOR DEC 18

MCX MARCH SILVER

SUPP: 27110/26980/26820

RES:27410/27560/27660

WAIT FOR CALLS

MARKET ALERT ON DEC 17 THURSDAY 6.45 PM IST

MCX March Silver now has support at Rs 27200

Res can be seen at Rs 27550

CMP Rs 27348

These are trading levels only .

TECHNICALS FOR NYMEX TRADE FOR DEC 17 2009

DEC 17 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 27310 , S2 RS 27140 , S3 RS 27000

R1 RS 27570 , R2 RS 27710 , R3 RS 27860

WAIT FOR CONFIRMATION .

TECHNICALS FOR DECEMBER 17

MCX MARCH SILVER

SUPP; 27490/27330/27140

RES: 27770/27880/28040

PREFRE LONGS AT SUPPORTS

MARKET ALERT ON DEC 16 WEDNESDAY 8.40 PM IST


MCX Feb Mini silver low risk traders can book part profits

at Rs 27600 , others hold for levels given.

Buy was given at above Rs 27500 .

mkt alert at 4.50 pm

Buy SilverM Feb above 27500 SL below 27200 T1 27850 T2 28000

TECHNICALS FOR DEC 16

MCX MARCH SILVER

SUPP: 27150/27000/26850

RES: 27450/27610/27770

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADE FOR DEC 15 2009

DEC 15 TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 26880 , S2 RS 26720 , S3 RS 26580

R1 RS 27165 , R2 RS 27310 , R3 RS 27460

WAIT FOR CONFIRMATION .

MARKET ALERT ON DEC 15 TUESDAY 4.40 PM IST

MCX Mar silver has support at Rs 26880

Res is seen at Rs 27180

CMP Rs 27070

These are only levels .

TECHNICALS FOR DEC 15

MCX MARCH SILVER

SUPP:27030/26850/26720

RES: 27380/27520/27680

WAIT FOR CALLS

MARKET ALERT ON DEC 14 6.00 PM IST

Kindly ignore our sell call in mini silver

Wait for comex to open

Our call not trigerred .

MKT ALERT AT 4.20 PM

HIGH RISK : SELL MCX FEB MINI SILVER AT 27180 TO 27200

SL ABV 27360 TGTS 27000/26820.

TECHNICALS FOR DECEMBER 14

MCX MARCH SILVER

SUPP: 26910/26740/26595

RES: 27140/27420/27580

WAIT FOR CALLS

UOPDATES FOR DC 11 2009

DEC 11 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S 1 RS 27000 , S2 RS 26860 , S3 RS 26710

R1 RS 27330 , R2 RS 27480 , R3 RS 27640

WAIT FOR CONFIRMATION .

TECHNICALS FOR DEC 10

MCX MARCH SILVER

SUPP; 27160/27000/26860

RES: 27510/27640/27780

WAIT FOR CALLS

MKT ALERT DEC 9 MIDNIGHT

MCX FEB MINI SILVER : T1 AND T2 ACH AT 27600 AND 27400/

SELL ADVISED AT 27870 TO 27900.

MKT ALERT AT 10 PM

CALLS UPDATES:TRADERS STILL HOLDING SELLS IN

COPPER AND MINI SILVER ADVISED TO EXIT BY CLOSE

AT BEST RATES AS COPPER CLOSE ABV 328 AND MINI

SILVER ABV 28000 LOOKS FIRM.

MARKET ALERT ON DEC 9 WEDNESDAY 8.00 PM IST

MCX Feb Silver mini low risk traders can book part profits at

CMP Rs 27760 .

Sell was advised at Rs 27900 .

Others hold for levels given .

mkt alert at 6.20 pm

Sell SilverM Feb between 27870 - 27900 SL above 28060 T1 27600 T2 27400

TECHNICALS FOR DECEMBER 9

MCX MARCH SILVER

SUPP: 27820/27640/27480

RES: 28230/28410/28560

WAIT FOR CALLS

CLOSING COMMENTARY FOR DEC 8 TUESDAY

Silver dropped with yesterdays losses. Prices came down with

yesterday band and trading rangebound between 28200 -

28300 levels. Prices a close above 28380 - 28400 levels could

be positve for prices again . Res seen at 28400 - 28600

and sup are 28200 - 28000 .

mkt alert at 7.10pm

traders holding sells in mini silevr; book max profits upto 28000

and trail stoploss to cost.

MKT ALERT AT 6.55PM

MCX FEB MINI SILVER : T1 ACH AT 28050.

MKT ALERT AT 6.45 PM

MCX FEB MINI SILVER APPROACHING T1 AT 28050 CMP 28065/

LOW RISK TRADERS BOOK FULL PROFITS.( SELL AT 28300).

MKT ALERT AT 6 PM

MCX FEB MINI SILEVR: TRADERS HOLDING SELLS AT 28300

BOOK PART PROFITS AT 28150/OTHERS HOLD FOR LEVELS.

mkt alert at 5.30 pm

Sell SilverM Feb below 28300 SL above 28550 T1 28050 T2 27800

TECHNICALS FOR DEC 8

MCX MARCH SILVER

SUPP 28260/28000/27800

RES: 28610/28760/28820

WAIT FOR CALLS

CLOSING COMMENTARY FOR DEC 7 MONDAY

Silver prices trading in correction mode for the third day.

Prices broken the strong sup level of 28400 and now trading

at very strong sup and psychological level of 28000. A break

below this could test pricest ill 27800 - 27600 levels. Postiive

trend will come once again above 28400 levels only.

MKT ALERT AT 2.25 PM

MCX DEC MINI SILVER T3 ACH AT 28110( SELL AT 28730)

MKT ALERT AT 10.30 AM

Mcx March Silver TGT 28350 Achieved Hold shorts for further

TGT of 28110 Amend Profit stops to 28550 Shorts advised at 28730..

MKT ALERT AT 10.05 AM DEC 7

MCX FEB MINI SILVER: T1 ACH AT 28550 CMP 28475/

BOOK MAX profits ( sell given on saturday at 28730 levels)./

HOLD FOR T2 OTHERS.

TECHNICALS FOR DEC 7

MCX MARCH SILVER

SUPP: 28600/28450/28350

RES: 28750/28850/29000

WAIT FOR FRESH CALLS

mkt alert at premkt open dec 5

MCX FEB MINI SILVER: SELL AT 28730 TO 28750 SL ABV 28950

TGT 28550/28350.

CLOSING COMMENTARY FOR DEC 4 FRIDAY

Silver prices also came down but not that much with gold prices.

Prices came down with open low of 29200 and having strong sup

of around 28400 - 28500 levels. Prices could test 28350 levels

and there buying could come there for higher targets. Storng res is

seen at 29000 - 29100 and sup seen at 28500 -28350.

UPDATES FOR DEC 4 2009

DEC 4 FRIDAY

TRADING LEVELS FOR MORNING SESSION,

S1 RS 29030 , S2 RS 28870 , S3 RS 28720

R1 RS 29410 , R2 RS 29580 , R3 RS 29730

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR DEC 3 THURSDAY

Silver prices came down higher then gold prices. Prices after

testing its previous high of 29750 levels dropped. Strong

sup is at 29000 which could decide further movement.

Buy on possible dips advised. A strong buying above 29350

could trig more upside .

UPDATES FOR DEC 3 2009

DEC 3 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 29400 , S2 RS 29160 , S3 RS 29000

R1 RS 29770 , R2 RS 29940 , R3 RS 30120

WAIT FOR CONFIRMATION .

mcx feb mini silver : revise profit stops to below 29200.

mkt alert at 10.20 am

MCX FEB MINI SILVER : T3 ACH AT 29600/ HOLD FOR T4 29820

( BUY AT 28820)

UPDATES FOR DEC 2 2009

DEC 2 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 29160 , S2 RS 29000 , S3 RS 28840

R1 RS 29510 , R2 RS 29660 , R3 RS 29840

WAIT FOR CONFIRMATION .

mkt alert at 9.45 pm

Mcx Feb Mini Silver TGT Extended upto 29600 (Earlier TGT 29360)

Longs Advised at 28840-28820

MARKET ALERT ON DEC 1 9.30 PM IST

MCX Feb Mini silver appraoching T 1 CMP Rs 29100 ,

Hold for T 2 Rs 29360 ,

Buy was given at Rs 28820 .

MKT ALERT AT 9.10 PM

MCX FEB MINI SILVER; LOW RISK TRADERS BOOK PART

PROFITS UP 28920( BUY AT 28820)/HOLD FOR LEVELS

AND CARRY OVER.

mkt alert at 7.40 pm

Mcx Feb Silver Mini Buy at 28840-28820 SL below 28500 TGT 29180

MARKET ALERT ON DEC 1 TUESDAY 1.00 PM IST

MCX March silver now has Res at Rs 28730

support at Rs 28440

CMP Rs 28550

These are levels .

UPDATES FOR DEC 1 2009

DEC 1 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 28280 , S2 RS 28130 , S3 RS 28000

R1 RS 28580 , R2 RS 28710 , R3 RS 28860


WAIT FOR CONFIRMATION .